Canada has been doing some very right things lately regarding Canada immigration. One of these was the reduction of immigration scores needed to qualify for immigration. The move, to start with, has allowed more people to be eligible for Canada PR. It was a decisive step to increase the number of permanent residents in the country.
The short-term and long-term benefits of maintaining high levels of immigration in Canada are essential for the country. In the short-term, more skilled people who are in demand in Canada’s labor market will become available. In the long-run immigrants will contribute to Canada’s economic growth. Also, it will create more revenue from taxes, improve the ratio of working-age Canadians to retirees, and will provide skilled workers to key sectors.
The spending done by immigrants in Canada can contribute to Canada’s economic recovery. The availability of immigrant labor is an essential factor in restoring the functioning of several sectors of the economy. This includes the hospitality and healthcare sector which are the most essential ones in the present scenario with the COVID-19 pandemic.
Along with reducing the CRS scores requirement for immigration candidates to the lowest ever at 75, IRCC issued a record number of ITAs in the immigration draw.
Canada is implementing other innovative ways to attract skilled immigrants who bring the skills to the country to keep its economy alive and thriving. IRCC states that this is central to their plan for recovery post-COVID.
The latest draw conducted by IRCC invited immigration candidates in the CEC stream of the Express Entry pool. Candidates from this stream need to have a minimum work experience in Canada of 1 year. They also must have proof that they have paid their taxes and are capable of contributing to the Canadian economy.
Another reason for choosing CEC candidates was that they were immune from the travel restrictions that are applicable to new immigrants coming from overseas. The trend of relying on candidates with Canadian experience with lower social capital could continue till the time significant travel restrictions are in force.
Family-class members and refugees who have lower social capital attributes are still expected to contribute to Canada’s economy, especially in the long run. They will be as important a part of IRCC’s plans to increase the levels of immigration to compensate for the losses that happened due to the COVID-19 pandemic as immigrants from overseas.
The new immigration level plan of Canada is to invite over 1.2 million new immigrants annually between 2021 and 2023. Canada is intending to bring 401,000 new Canada PR visa holders in 2021. This will be increased to 411,000 in 2022, and 421,000 in 2023.
In the days to come, Canada is expected to do a better job at its immigration and bounce back to normalcy and progress.
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PR – Permanent Residence/Permanent Resident
CRS – Comprehensive Ranking System
IRCC – Immigration, Refugees and Citizenship Canada
CEC – Canadian Experience Class
LMIA – Labor Market Impact Assessment